Search Results for: Tenant Fees Act
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Features
Why is buy-to-let booming?
Demand for buy-to-let is booming spurred by increasing rents and property prices as well as low-cost mortgages, says Marc Da Silva.
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Guest Blogs
How good are you?
The first thing that I ask for when I carry out a business review or meet someone who is thinking of selling their business, is their key performance indicators. It amazes me how many businesses do not know them. Your KPIs can tell you at a glance how your business is doing and where there is the greatest potential for improvement. SALES For a residential sales business, the main KPIs are: The number of valuations Your market share The conversion of valuations to instructions The conversion of instructions to sales The fall through rate The average fee percentage The average selling price The profit margin Different businesses have very different problems. If you only get to see ten per cent of the properties that come to the market in your area, your problem is likely to be poor marketing. You need to look at your online and conventional marketing strategies and compare them to those of your competitors. In other businesses, the problem is a poor conversion ratio of valuations to instructions. If you only convert 20 per cent of your valuations to instructions, you need to review who does the pitches and how they sell the service. Another problem…
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Regulation & Law
How to be a better lettings industry?
Jeremy Leaf looks at how we could improve the reputation of the industry.
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Features
Let’s eject rogue letting agents
From charging ‘rip-off’ fees to a lack of transparency, the lettings sector comes under strong criticism because of a few rogue agents. Jane Ingram, Head of Lettings at Savills, says it is time for decent agents to fight back.
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Features
Why use lettings software?
A good lettings software package can hold the key to rentals success, says Marc Da Silva.
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Features
Plan ahead – floorplans sell houses
Andrea Kirkby asks, should floorplans be a permanent part of your marketing mix?
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Features
Labour’s housing policy revealed
Shadow Housing Minister, Emma Reynolds, sets out Labour housing policy.
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Latest property news
A look at housing policy under Labour
FOR MILLIONS OF families across the country, the cost of buying or renting a home is at the heart of the cost-of-living crisis. And for many of those who used to dream of owning their own home, their hopes are fading fast as house prices rise and their wages stagnate. Recent figures show that for the first time in decades, if you’re in your late twenties or early thirties, you’re more likely to be renting privately than buying a home with a mortgage. The cause of this is simple – there is a chronic shortage of affordable homes in many parts of Britain. The housing shortage did not begin with this Government. But under David Cameron it is getting much worse. The number of homes built across the country in the past four years is lower than at any time in peacetime since the 1920s. We support help for first time buyers which is why we support ‘Help to Buy’. But rising demand for housing must be matched with rising supply, otherwise there is a real risk that soaring house prices will push home ownership out of the reach of the very first-time buyers that the scheme should be helping.…
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Products & Services
Why bother with reference checks?
Many landlords, and some agents, fail to run reference checks before tenants move in. Sheila Manchester explains their importance in today's market.
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Agencies & People
Six benefits of the estate agency franchise model
Marc Da Silva takes a look at opportunities in estate and letting agency franchising.
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